OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD Observation today i am recording a descending wedge. I am expecting this pair to exhaust selling power at the 1.29885 region. FIB Confluence approved the zones. Awaiting for the pair to sell out and exhaust, to potentially buy it up. I set an alert for when the pair breaks previous structure to the down side. Then ill set my by stop as price action goes that direction.

Fundamentals can alter the direction of this pair. There is CAD news releasing. Check the link below for the news article that my effect this pair. And other CAD pairs. Thanks GoodLuck!

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